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Closing Bell

Closing Bell Overtime: Hot Week for IPOS; Salesforce CEO Marc Benioff 9/12/25

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 12 September 2025

⏱️ 42 minutes

🧾️ Download transcript

Summary

Market panel featuring Courtney Garcia from Payne Capital Management and Warren Pies, Co-Founder of 3Fourteen Research, analyzes today's trading action. Deepwater Asset Management's Gene Munster weighs in on Apple and broader tech sector developments. Hot IPO action as Black Rock Coffee CEO Mark Davis discusses the first day pop and the health of the consumer. Salesforce CEO Marc Benioff sounds off on Palantir and AI-driven changes to the sector. Vital Knowledge Founder Adam Crisafulli closes with next week's key market catalysts.

Transcript

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0:00.0

Well, that's the end of regulation. Ion Q, ringing the closing bell at the New York Stock Exchange,

0:04.0

Black Rock Coffee Bar doing the honors at the NASDAQ. That's CEO Mark Davis right there on your screen.

0:10.0

He's going to join us a little later this hour. That company just went public today.

0:13.2

Stocks mixed with the Dow ending lower. The S&P 500, it looks like, ooh, closing fractionally lower,

0:20.7

missing a new record high just below the

0:22.4

flat line. NASDAQ, though, closing at a new record high once again every day this week.

0:27.5

We've had a closing record high for the NASDAQ. All three major averages ending the week

0:32.0

higher, utilities, tech, discretionary, those were the sector leaders, materials and health

0:36.7

care lagged, gold hovering

0:38.2

near all-time highs as well. As investors price in, and nearly 100% chance of a rate cut next

0:43.3

week, it was the fourth straight week of gains for that commodity. Speaking of other commodities,

0:48.0

oil and Brent ending the day higher, at one point crude was up more than 2% ending the week

0:53.1

up about a percent, though.

0:54.7

Some of your movers today, Paramount and Warner Brothers Discovery, having another massive day,

0:59.8

as CNBC reported, that Paramount Skydance was preparing an offer for Warner Brothers Discovery,

1:05.2

potentially as soon as next week, we could hear more on that.

1:07.7

Open Door, closing lower today after surging more than 78% yesterday.

1:12.9

Crypto company Gemini Space Station closing higher in its debut, Adobe closing higher in the

1:18.8

back of strong results, and take a look at the quantum computing names, IONQ quantum computing,

1:25.0

D-Wave Quantum, Raghetti Comput computing, all of those names seeing major gains in

1:30.2

trading today. That is the scorecard on Wall Street. Welcome to closing bell overtime. I'm

1:34.5

Morgan Brennan. John Ford is off today. Well, coming up, Pfizer and Moderna of tumbling on reports

...

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